Mixed bag
$Wheels Up Experience(UP.US$ Third Quarter 2023 Highlights
•Revenue decreased $100 million year-over-year to $320 million
•Adjusted Contribution increased $14 million year-over-year to $35 million
•Net loss decreased slightly year-over-year to $145 million, and includes a $56 million non-cash goodwill impairment charge
•Adjusted EBITDA improved $27 million year-over-year to a loss of $19 million
•Revenue decreased $100 million year-over-year to $320 million
•Adjusted Contribution increased $14 million year-over-year to $35 million
•Net loss decreased slightly year-over-year to $145 million, and includes a $56 million non-cash goodwill impairment charge
•Adjusted EBITDA improved $27 million year-over-year to a loss of $19 million
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